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FX.co ★ Analysis of Gold for May 20,.2020 - Strong reaction from the support at $1.725. Potential for upside movement towards the $1.784

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Forex Analysis:::2020-05-20T11:36:15

Analysis of Gold for May 20,.2020 - Strong reaction from the support at $1.725. Potential for upside movement towards the $1.784

Corona virus summary:

Analysis of Gold for May 20,.2020 - Strong reaction from the support at $1.725. Potential for upside movement towards the $1.784

Spain makes face masks compulsory

The Spanish government has confirmed that the wearing of face masks will be compulsory from Thursday

Technical analysis:

Trading recommendation:

Watch for buying opportunities on the pullbacks using the intraday time-frames 15/30 minutes.

Main upward targets are set at the price of $1,765 and $1,790.

Analyst InstaForex
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